Forex in 60 Seconds: US Dollar Ends Day Little Changed, But Major Risks Loom for the

· US Q4 GDP confirmed at tepid 0.6 percent, but upward revision to personal consumption leads to short-term US dollar rally
· Sentiment fails to hold throughout the day - EUR/USD consolidates gains, DJIA e
· The credit crunch rumbles in the UK as Nationwide - one of the country’s biggest mortgage lenders - raises rates in an effort to avoid being 'overly competiti
[B]Stories to watch on DailyFX

[/B][B]·[/B] Additional rate cuts by the FOMC are likely. Find out why in Watch What the Fed Watches. [B]
·[/B] According to FXCM SSI, Euro Positioning And Open Interest May Signal An Impending Flip.

[B]We love feedback! Send any comments or suggestions to <[email protected]>[/B]